Insider Selling: William W. R. Elder Sells 5,600 Shares of Aehr Test Systems Stock (AEHR)
Aehr Test Systems (NASDAQ:AEHR) Director William W. R. Elder sold 5,600 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $2.77, for a total value of $15,512.00. Following the completion of the transaction, the director now directly owns 105,000 shares in the company, valued at approximately $290,850. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Aehr Test Systems (NASDAQ:AEHR) opened at 2.52 on Thursday. Aehr Test Systems has a one year low of $1.46 and a one year high of $3.59. The stock’s 50-day moving average is $2.64 and its 200-day moving average is $2.51. The company has a market cap of $27.9 million and a P/E ratio of 67.05.
Aehr Test Systems (NASDAQ:AEHR) last posted its quarterly earnings results on Thursday, July 17th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $5.40 million for the quarter, compared to the consensus estimate of $5.60 million.
Aehr Test Systems develops, manufactures and sells systems, which is designed to reduce the cost of testing and to perform reliability screening, or burn-in, of complex logic and memory devices.
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